Jun 19, 2013 10:00pm PDT
the overall economy. chairman ben bernanke said it will slow its bond buying stimulus program this year, and end it next year. he said this is possible, because the economy is improving. the fed's program has kept interest rates at record lows. that news from the fed sent the stock markets down across the board. one analyst said any suggestion that the fed will cut its buying is going to be met with a sell-off, which is just a sign of how much investors depend on that program. >>> are you better off now financially? many americans say no. a cnn poll has found 44% of americans say their financial situation is actually worse today compared to a year ago. 36% say they are better off, and 20% say their personal situation is just about the same. only half say they expect economic conditions to be better one year from now. >>> bay area doctors may soon change the way they treat obesity, because of one word, ktvu's heather holmes is live now in oakland with reaction to obesity, now labeled as a disease. >> reporter: the head of the bariatric program here hopes this sends a message, not only to
Jun 21, 2013 10:00pm PDT
. that industry is thriving with a rebounding economy. people have more money to travel and to eat out. >> the sun is starting to come out on the california economy. ronald reagan another area of job growth lies in big city construction. if that job growth stays stable in the construction industry, in alameda, jade hernandez, ktvu news. >> >> more details on the unemployment rate in the area -- . >>> berkeley's world famous restaurant preparing to open its doors to the public for the first time since a fire badly damaged that restaurant in march. tonight, it opened for a fund- raiser to benefit the berkeley based edible school program. it's a program that shows local kids how to grow, harvest and prepare seasonal produce. >> this is more than a rebirth. it's kind of a reinvasion that i think will keep us going for many more years. >> the fire was caused by an electrical program underneath a porch. it did more than $200 thousand worth of damage. it has been repaired and it is going to reopen on monday. >> >> facebook said the cause of a bug was purely technical. the problem is with the tool called
Jun 14, 2013 10:00pm PDT
nasdaq lost 21. americans confidence in the economy weakened and was a prime factor. >> one bay area company is doing well. restoration hard ware shares were up today and have nearly tripled since last november they have developing a kitchen and table ware line expected to launch next year. >>> thrills and spills at a new skate park tonight. new at 10, live in fremont to show us why such a big hit maureen even though not everyone is following the rules. >> reporter: it may be empty but earlier tonight it was packed and the official opening isn't until next week. this is what it looks like to drop into fremont's new skate park. we turn the camera on a skate border. athletes of all ages are packing the park. >> it is my favorite skate park ever. >> reporter: 8-year-old gavin has been skating since he was 5. >> i broke my wrist, my toe. my knee. and another toe. >> reporter: in fact we saw several skate boarders get injured after performing trickmanoeuvres. despite this rule posted that requires skaters to wear helmet, knee and elbow pads the vast majority were not wearing safety gear.